The Weekly Tech Tl;DR – 5th August 2016

The Big Story

Uber had a rollercoaster week. It merged with rival Didi in China, it’s about to get banned from Taiwan, and its Southeast Asia rival is set to raise $1 billion. Lee Schafercomments: “Ride-share business seems to have very aggressive guys. Didi beats Uber senseless, then invests in a SE Asian rival.”